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Pulse · Daily edition№ 077

Thursday, 20 August 2026

European deeptech and AI sectors continue to attract significant private investment, alongside ongoing discussions on the long-term impact of established EU research programmes.

The number

$4.5BN

The amount Amsterdam-based Nebius aims to raise via convertible notes to fund its AI compute and data centre expansion, highlighting infrastructure demand.

Listen — today's brief

Welcome to HEIU Pulse. European deep tech and AI sectors are continuing to attract substantial investment with significant funding rounds and strategic acquisitions reported right across the continent. Indeed, the capital requirements for AI infrastructure are immense. Amsterdam-based Nebias, an AI infrastructure provider, aims to raise a staggering four point five billion through convertible notes for data center expansion. That four point five billion dollars is our number of the day, highlighting the sheer scale of investment needed to build foundational AI capabilities. This funding will support significant compute and data center development. This move signals continued investment in the foundational infrastructure required to support advanced AI capabilities, aligning with broader trends of developing robust computing environments like the QCDC project. Beyond infrastructure, we're seeing significant M&A activity. Private equity investor Oaklay Capital has acquired a majority stake in Graphwise, a Bulgarian enterprise AI data platforms company. This transaction is noted as one of Bulgaria's largest software exits, highlighting growing investor confidence and robust M&A in Central and Eastern European tech markets. Graphwise specializes in enterprise AI data platforms. Moving to deep tech, Edinburgh-based Singular Photonics has secured two fifteen million dollars in an oversubscribed funding round. This capital will accelerate their next generation SPAD-based image sensor development. It's a clear sign of sustained venture interest in core European deep tech innovations, particularly in advanced sensing and imaging technologies. Projects like Beyond Hi-Spec are also pushing boundaries here. Shifting focus to sustainable solutions, UK startup Eco Nomad Solutions has raised four hundred thousand dollars to deploy waste-to-energy technology for farms. This funding, including a significant contribution from the British Design Fund, will help small livestock farms reduce methane emissions and cut energy costs, addressing key environmental and economic challenges. Finally, Danish health tech company Aysel Health has successfully closed a one point seven million dollar pre-seed funding round. They're developing an operating system designed to enhance psychiatry and mental health services through AI. This investment highlights the growing momentum in leveraging AI for specialized applications, particularly to address critical capacity shortages and improve efficiency within healthcare sectors. The breadth of these investments truly showcases Europe's dynamic innovation landscape, from foundational AI to sustainable agritech and health solutions. Indeed, whether it's deep tech photonics or enterprise AI, the continent's tech ecosystem continues to attract substantial capital, driving forward critical advancements across diverse sectors. For more details on these compelling stories and to read the full articles, visit us at heiu.eu.

  1. AI Infrastructure

    Nebius seeks $4.5BN for AI compute expansion

    Amsterdam-based Nebius aims to raise $4.5 billion through convertible notes, underscoring the escalating capital requirements for AI compute and data centre development within Europe. This investment reflects strong demand for foundational AI infrastructure.

    Read article →

  2. Enterprise AI M&A

    Oakley Capital Acquires Majority in Bulgarian Graphwise

    Private equity investor Oakley Capital has acquired a majority stake in Graphwise, a Bulgarian enterprise AI data platforms company. This marks a significant software exit in the Bulgarian tech industry, reflecting sustained private equity interest in growing European AI solutions.

    Read article →

  3. Digital Health

    Aisel Health Secures €1.7M Pre-Seed for Psychiatry OS

    Danish HealthTech company Aisel Health secured €1.7 million in pre-seed funding for its operating system designed for psychiatry and mental health. This investment highlights the growing focus on AI-driven solutions to address capacity challenges in mental healthcare across Europe.

    Read article →

  4. Clean Energy Agri

    EcoNomad Secures £400K for Waste-to-Energy Tech

    UK startup EcoNomad Solutions has raised £400,000, including £230,000 from the British Design Fund. This investment targets the deployment of waste-to-energy technology on small livestock farms to reduce methane emissions and cut operational costs.

    Read article →

  5. Deeptech Photonics

    Singular Photonics Secures $2.15M for Next-Gen Image Sensors

    Edinburgh-based Singular Photonics secured $2.15 million to advance its next-generation SPAD-based image sensors. This funding round underscores sustained venture capital interest in European deeptech, particularly in semiconductor and photonics innovations with broad industrial applications.

    Read article →

  6. EU Research Careers

    Marie Skłodowska-Curie Actions Mark 30 Years Shaping Research Careers

    The Marie Skłodowska-Curie Actions (MSCA) mark three decades of fostering research careers and scientific mobility across Europe, developing a skilled workforce and supporting interdisciplinary collaboration within Horizon Europe.

    Read article →

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